Week ahead: US Fed, US CPI in focus

7th Jun 2024 11:54

(Sharecast News) - Investors' focus over the coming week will be on the US central bank's policy meeting on Wednesday.

Policymakers at the Federal Reserve are widely expected to keep rates on hold but there is great interest in how their economic projections may have shifted since the last time they met.

Against that backdrop, earlier that same day the Bureau of Labor Statistics is due to release a reading on consumer prices for May.

It will be followed the next day by another covering producer prices during that same month and the results of the University of Michigan's consumer confidence survey at the end of the week.

Worth noting too, multiple US Treasury debt auctions are scheduled for throughout the week.

Back in the UK, employment data for April are due out on Tuesday and for GDP on Wednesday.

Also to be published on Wednesday are Chinese CPI figures for May.

Come Friday, the market spotlight will be on the Bank of Japan's policy meeting.

Monday 10 June

INTERIM DIVIDEND PAYMENT DATE

Focusrite, Gresham Technologies

GMS

Advanced Medical Solutions Group, Pan African Resources

ANNUAL REPORT

Pennon Group

SPECIAL DIVIDEND PAYMENT DATE

Amati AIM Vct

AGMS

Aterian, CEPS, Griffin Mining Ltd., Onward Opportunities Limited Npv , Oxford Nanopore Technologies

TRADING ANNOUNCEMENTS

Me Group International

FINAL EX-DIVIDEND DATE

Compagnie de St-Gobain SA

Tuesday 11 June

QUARTERLY PAYMENT DATE

Wheaton Precious Metals Corp.NPV (CDI)

GMS

Nightcap , Tirupati Graphite

FINALS

B.P. Marsh & Partners, Cake Box Holdings, Eckoh, FirstGroup, GB Group, Iomart Group, Oxford Instruments, Vianet Group

AGMS

Ebiquity, Flowtech Fluidpower, Maxcyte (DI), Mobico Group, Octopus Titan VCT , Tortilla Mexican Grill

TRADING ANNOUNCEMENTS

Bellway

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (07:00)

Unemployment Rate (07:00)

FINAL DIVIDEND PAYMENT DATE

Bank of Ireland Group (CDI), Invesco Perpetual UK Smaller Companies Inv Trust

Wednesday 12 June

INTERIMS

Driver Group, RWS Holdings, Safestore Holdings

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

Consumer Price Index (US) (13:30)

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

FINALS

Castings, Molten Ventures

ANNUAL REPORT

Brighton Pier Group (The)

AGMS

Advanced Medical Solutions Group, Alina Holdings, Anemoi International Ltd NPV (DI), BioPharma Credit , Brighton Pier Group (The), Destiny Pharma , Digital 9 Infrastructure NPV, EPE Special Opportunities Limited (DI), Foresight Solar Fund Limited, IP Group, NB Private Equity Partners Ltd., Star Energy Group, Thalassa Holdings Ltd. (DI)

TRADING ANNOUNCEMENTS

Frontier Developments

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

Gross Domestic Product (07:00)

Index of Services (07:00)

Industrial Production (07:00)

Manufacturing Production (07:00)

FINAL DIVIDEND PAYMENT DATE

Compagnie de St-Gobain SA, Hiscox Limited (DI), Property Franchise Group

Thursday 13 June

INTERIM EX-DIVIDEND DATE

Aeci 5 1/2% Prf, Blackrock Frontiers Investment Trust, Compass Group, Hollywood Bowl Group, Impax Asset Management Group, REA Holdings 9% Cum. Prf. #1, Tharisa (DI), Witan Investment Trust Plc

QUARTERLY EX-DIVIDEND DATE

Brunner Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Industrial Confidence (EU) (10:00)

Initial Jobless Claims (US) (13:30)

Producer Price Index (US) (13:30)

FINALS

Halma, Motorpoint Group, NetScientific , PayPoint, PayPoint, Peel Hunt Limited NPV

ANNUAL REPORT

NetScientific

SPECIAL EX-DIVIDEND DATE

Marlowe

AGMS

Amati AIM Vct , Beacon Rise Holdings , Christie Group, Ecofin U.S. Renewables Infrastructure Trust, Everyman Media Group , Hochschild Mining, Iofina, Jadestone Energy, Mears Group, Middlefield Canadian Income PCC, Poolbeg Pharma, Serabi Gold, Sound Energy , Starwood European Real Estate Finance Ltd, Tanfield Group, Tanfield Group

UK ECONOMIC ANNOUNCEMENTS

RICS Housing Market Survey (00:01)

FINAL DIVIDEND PAYMENT DATE

Empresaria Group, Relx plc, RHI Magnesita N.V. (DI)

FINAL EX-DIVIDEND DATE

3i Infrastructure, Anglo-Eastern Plantations, Christie Group, Elecosoft Public Limited Company, Foresight VCT, Forterra, Ingenta, Intermediate Capital Group, Investec Non-Red Non-Cum Non-Part Prf Shs, JD Sports Fashion, Keystone Law Group , Land Securities Group, London Security, Pacific Assets Trust, Pharos Energy , RS Group, Scottish Mortgage Inv Trust, Spectra Systems Corporation, TBC Bank Group, Warpaint London , Worldwide Healthcare Trust

Friday 14 June

INTERIM DIVIDEND PAYMENT DATE

James Halstead, NOTTS.B.S. 7 7/8% PERM INT BEARING SHS

QUARTERLY PAYMENT DATE

Pershing Square Holdings Ltd NPV, Pershing Square Holdings Ltd NPV (USD), Petrotal Corporation NPV (DI), Seplat Energy (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (EU) (10:00)

Import and Export Price Indices (US) (13:30)

U. of Michigan Confidence (Prelim) (US) (15:00)

Wholesale Price Index (GER) (07:00)

GMS

Asian Energy Impact Trust, Asian Energy Impact Trust, Revolution Bars Group, Revolution Bars Group, Superdry

FINALS

Fuller Smith & Turner

ANNUAL REPORT

Caledonia Investments, Wizz Air Holdings

SPECIAL DIVIDEND PAYMENT DATE

Town Centre Securities

AGMS

Amaroq Minerals Ltd. Npv (DI), Asian Energy Impact Trust, Asian Energy Impact Trust, Beowulf Mining, Gusbourne, itim Group , M. P. Evans Group, Tesco, Trellus Health

TRADING ANNOUNCEMENTS

Tesco

FINAL DIVIDEND PAYMENT DATE

Aptitude Software Group , Bank of Cyprus Holdings Public Limited Company (CDI), Burford Capital NPV (DI), Midwich Group, Mincon Group (CDI), Ocean Wilsons Holdings Ltd., Petershill Partners